Standard Chartered to roll out Bitcoin and Ethereum custody services in Dubai through its entity, Zodia Custody.
The move signals the bank’s shift towards embracing digital assets, backed by the UAE’s favorable crypto regulations.
Dubai – The New Crypto Custody Frontier for Standard Chartered
Pioneering the future of banking, British multinational Standard Chartered PLC is taking a bold step into the realm of cryptocurrency. Come Q1 2024, the financial giant will be extending its portfolio to include custody services for Bitcoin (BTC) and Ethereum (ETH), specifically for their institutional clientele based in Dubai.
Breaking News: Standard Chartered, a global banking giant with $840B in assets, is diving into the crypto world!
Starting Q1 2024, they’ll offer #Bitcoin and #Ethereum custody services in Dubai. Big moves in the crypto adoption game! #BTC #ETH pic.twitter.com/e9OF9cEI7c
— Collin Brown (@CollinBrownXRP) October 19, 2023
Historically, Standard Chartered has mai
